Senior Notes Refinancing Debt definition

Senior Notes Refinancing Debt. Borrowed Money that is the result of an extension, renewal or refinancing of the Debt evidenced by the Senior Secured Notes Documents.”
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Senior Notes Refinancing Debt in Section 1.1 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:
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Senior Notes Refinancing Debt any Debt incurred by any of the Obligors to refinance or repay, in whole or in part, the Senior Notes or any obligations under the Senior Notes Documents, provided (a) such Debt is consistent with the requirements for refinancing the Senior Notes as specified in the definition of “Senior Notes,” (b) the money so raised is set aside in an escrow or segregated account maintained by the Borrowers or Parent for such payment or defeasance of Senior Notes and/or such obligations as soon as practical thereafter, and (c) such Debt shall no longer be Senior Notes Refinancing Debt upon such payment or defeasance (but shall be deemed to be Senior Notes pursuant to the definition thereof).
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Examples of Senior Notes Refinancing Debt in a sentence

  • Wilmington Trust, FSB, any successor Trustee under any indenture governing any Senior Notes Refinancing Debt.

  • Agent shall have received evidence, in form and substance satisfactory to Agent, that the liens of the Secured Notes Collateral Agent in the assets and interests of the Released Guarantors have been released, terminated and discharged and the Released Guarantors have been released from all obligations, as applicable, under or on account of the Senior Secured Notes Documents, Senior Notes Refinancing Debt, 2012 Senior Notes Debt, and 2013 Senior Notes Debt.

  • Notwithstanding anything herein to the contrary, a call for redemption or offer to repurchase shall not be treated as a redemption or repurchase until the consummation of such redemption or repurchase, and any Senior Notes, Senior Notes Refinancing Debt, Convertible Debentures or Convertible Debenture Refinancing Debt that has been repurchased, redeemed or otherwise acquired as permitted hereby may be canceled and retired at any time.

  • Wilmington Trust, FSB, any successor Trustee under any indenture governing any Senior Notes Refinancing Debt, any successor Trustee under any indenture governing any 2012 Senior Notes Debt, or any successor Trustee under any indenture governing any 20122013 Senior Notes Debt.

  • Wilmington Trust, FSB, any successor Trustee under any indenture governing any Senior Notes Refinancing Debt, any successor Trustee under any indenture governing any 2012 Senior Notes Debt, or any successor Trustee under any indenture governing any 2013 Senior Notes Debt.

  • Nothing contained in this Section 10.2.19(b) shall restrict amendments to the documents governing Senior Notes Refinancing Debt or Debt permitted under Section 10.2.1(s), Section 10.2.1(t), Section 10.2.1(u) and Section 10.2.1(v) that (i) permit an increase in the aggregate Revolver Commitments or (ii) expand the scope of Collateral included in the Revolver Priority Collateral.

  • The Administrative Agent hereby agrees and acknowledges that pursuant to clause (e) of the proviso in the definition of the term “Permitted Refinancing Debt,” the terms and documentation described in the Senior Notes Refinancing Debt Preliminary Prospectus Supplement are satisfactory to the Administrative Agent.


More Definitions of Senior Notes Refinancing Debt

Senior Notes Refinancing Debt. Borrowed Money in respect of the 7 5/8% senior secured notes due 2019, issued by Parent pursuant to that certain Indenture dated March 11, 2011.
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Senior Notes Refinancing Debt means Indebtedness of GrafTech or the Borrower, the net proceeds of which shall have been used to refinance Senior Notes to the extent then outstanding; provided, however, that: (a) the incurrence thereof (after giving effect to the related repurchase, redemption or prepayment of Senior Notes) shall not result in (i) the outstanding aggregate principal amount of Senior Notes and Senior Notes Refinancing Debt exceeding $435,000,000, (ii) at any time that the Leverage Ratio at the end of the most recent fiscal quarter for which financial statements shall have been received under Section 6.04(a) or (b) (recomputed on a pro forma basis after giving effect to such incurrence of Senior Notes Refinancing Debt as if such incurrence had occurred on the first day of the relevant period for such computation) shall be greater than the Leverage Ratio at December 31, 2004, an increase in the outstanding aggregate principal amount of Senior Notes and Senior Notes Refinancing Debt, (iii) an increase in the Senior Notes Pledged Amount or (iv) an increase in the Senior Notes Priority Pledged Amount that would result in the aggregate amount thereof exceeding by the greater of 10% or $15,000,000 the Senior Notes Priority Pledged Amount as of the Effective Date; (b) such Indebtedness shall not have an earlier maturity date or decreased weighted average life than the Senior Notes; (c) such Indebtedness shall not be secured by any asset, other than (i) the pledge of Intercompany Senior Loans and the Intercompany Senior Loan Guarantees and (ii) a Lien on the Capital Stock of AET then held by GrafTech, Global or any Subsidiary that is junior to the Lien of the Lenders thereon on terms no less favorable to the Lenders than the applicable subordination terms in effect on the Effective Date; (d) such Indebtedness shall not benefit from any Guarantee other than Guarantees (that are secured by no Lien other than (i) the pledge of Intercompany Senior Loans and the Intercompany Senior Loan Guarantees and (ii) a Lien on the Capital Stock of AET then held by GrafTech, Global or any Subsidiary that is junior to the Lien of the Lenders thereon on terms no less favorable to the Lenders than the applicable subordination terms in effect on the Effective Date) by GrafTech, Global and Domestic Subsidiaries that are Loan Parties; (e) no Default or Event of Default shall have occurred and be continuing at the time such Indebtedness is incurred; and (f) such Indebtedness shall have terms, taken as a...
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